419 N Webber StMecostaMI49332
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Mecosta at 419 N Webber St, Mecosta, MI, 49332 uses $76,212 cash to close to unlock $7,706/yr annual cash flow and $642/mo monthly cash flow. Total monthly income runs $2,158/mo, and a $1,125/mo payment keeps the spread at $642/mo. Purchase price stands at $229,900, and rental yield measures 11.26% with $2,158/mo rent. Return on cash invested shows 30.02% in year one, and 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 157.66% and total cumulative return in cash records $120,155. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,158/mo property income covering a $1,125/mo payment rather than investor’s personal income.
Manufactured
Built in 1991
2 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices